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rosijanka [135]
3 years ago
11

Which of the following is NOT a characteristic of a market in equilibrium?

Business
1 answer:
iren2701 [21]3 years ago
6 0

B. All consumers are able to purchase an amount equal to their quantity demanded.

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What is 6 times something equals 4,000
Reil [10]

Answer:

666.666667

Explanation:

If you work it backwards by divison, you would do 4,000/6.

This will give you 666.666667.

To double check your work, you can do 666.666667 x 6 which equals 4,000.

5 0
3 years ago
The one-year interest rate over the next 10 years will be 3%, 4.5%, 6%, 7.5%, 9%, 10.5%, 13%, 14.5%, 16%, and 17.5%. Using the e
Alja [10]

Answer:

Explanation:

interest rates on a three-year bond =(int in year1+int in year2+int in year3)/n =  (3+4.5+6)/3 =4.8%

interest rates on a six-year bond = (3%+4.5%+6% +7.5%+ 9%+ 10.5%)/6 = 7.35%

interest rates on a nine-year bond = (3%+4.5%+ 6%+ 7.5%+ 9%+ 10.5%+ 13%+ 14.5%+16%)/9 =10.23%

So, int rate on a 3 year bond is 4.8%; on a 6 year bond is 7.35%; on a 9 year bond 10.23%

5 0
4 years ago
If your salary is $42,500 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal
SIZIF [17.4K]
Income                   $42,500
Less:
Deductions           <u>           0</u>
Taxable Income    $42,500
Tax rate                  <u> x        10%</u>
Tax payable             $4,250

Bear in mind that since the problem is silent, I have assumed that deductions based on marital status, exemptions, PERS or TIAA/CREF retirement contributions are all equivalent to zero (0).


5 0
3 years ago
How is the price elasticity of demand​ measured? The price elasticity of demand is measured as
Kruka [31]

Answer:

B. the percentage change in the quantity demanded divided by the percentage change in price.

Explanation:

The formula to compute the price elasticity of demand is shown below:

= (Percentage change in quantity demanded ÷ Percentage change in price)

where,

The Percentage change in quantity demanded equals to

= (New quantity -  old quantity) ÷ ((New quantity + old quantity)

And, the Percentage change in price equals to

=  (New price -  old price) ÷ ((New price + old price)

4 0
3 years ago
Sobota Corporation has provided the following partial listing of costs incurred during August: Marketing salaries $ 50,600 Prope
SIZIF [17.4K]

Answer:

A.Product cost $365,600

B.Period cost $350,300

Explanation:

Direct materials $174,800

Direct labor $90,200

Manufacturing overhead:

Property taxes, factory $17,700

Indirect labor $41,200

Depreciation of production equipment $41,700

Total product cost $365,600

b.

Marketing salaries $50,600

Administrative travel $99,500

Sales commissions $57,300

Advertising $142,900

Total period cost $350,300

5 0
3 years ago
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